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Roku earnings top expectations, but its stock still sinks
ROKURoku(ROKU) Market Watch·2024-02-15 21:23

Roku Inc. topped expectations with its latest results, but shares of the media-streaming company tumbled 15% in Thursday’s extended session. The company reported a fourth-quarter net loss of 78million,or55centsashare,comparedwithalossof78 million, or 55 cents a share, compared with a loss of 237 million, or 1.70ashare,intheyearearlierperiod.RokuROKU,+3.571.70 a share, in the year-earlier period. Roku ROKU, +3.57% matched the consensus view on a per-share basis. After adjustments, Roku logged earnings before interest, taxes, depreciation and amortization (Ebitda) of 47.7 million, ahead of th ...